Does anyone understand how does HDB calculate their numbers? They supposed lost S$2 billion selling 8,000 New HDB Flats to Singaporeans at much higher prices in year 2008 compared to year 2007.
"Market subsidy" is too complex a concept that probably only the scholars of Temasek Holdings can understand and explain with a straight face.
HDB Lost S$2 billion selling us "cheap" HDB flats.
Moderators: alvin, learner, Dennis Ng
HDB Lost S$2 billion selling us "cheap" HDB flats.
Cheers!
Dennis Ng - When You Master Your Finances, You Master Your Destiny
Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
Dennis Ng - When You Master Your Finances, You Master Your Destiny
Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
Let me test my application of Market Subsidy to my Seminars.
The market rate for a 3-day Stocks and Property Seminar typically costs at least S$3,000. However, I only charge Special Price of S$698.
Thus, for each seminar participant, I provided a Market Subsidy of at least S$2,302.....therefore, the more seminar participants there are, the more deficits I incurred.....so if 100 people attended, I would have incurred deficit of S$230,200!!!
The market rate for a 3-day Stocks and Property Seminar typically costs at least S$3,000. However, I only charge Special Price of S$698.
Thus, for each seminar participant, I provided a Market Subsidy of at least S$2,302.....therefore, the more seminar participants there are, the more deficits I incurred.....so if 100 people attended, I would have incurred deficit of S$230,200!!!
Cheers!
Dennis Ng - When You Master Your Finances, You Master Your Destiny
Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.
Dennis Ng - When You Master Your Finances, You Master Your Destiny
Note: I'm just sharing my personal comments, not giving you investment advice nor stock investment tips.